State raises property taxes for 20,000 in Minneapolis

  • Article by: STEVE BRANDT , Star Tribune
  • Updated: July 8, 2008 - 9:15 PM

Residents in the University and Nokomis areas don't seem to have an appeal for the decision to overrule the city assessor on how much property values fell.

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jtuder1Jul. 8, 08 9:55 PM

The state law requires that assessments fall within a range close to that dictated by "recent sales." The State overrules the city assessor because the city assessor used "recent sales" to calculate the assessments. The State then says "it's aware of the shortcomings of its methods, but hasn't found an acceptable alternative." Huh? What am I missing? Did Mpls. miscalculate the recent sales numbers, or is the State assuming that prices haven't dropped at all since last year? If it is the latter, then I want to sell the State my house at 2005 prices, pretty please!

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andersgyllenJul. 8, 08 9:55 PM

As a University community homeowner, we have a mixed bag about the value lowering in the first place considering the amount of development that has gone into the Pillsbury Milling District and University Avenue. We actually appealed and was flatly told that was the assessment and was actually scolded for asking (for unknown reasons). Parts of the University community believe or not are at par with the Kenwood neighborhood in terms of historic mansions and amenities. And we have a decent size of single families. And overall people here lean more fiscally conservative than liberal since so many properties are owned by suburbanites. It's a mixed bag.

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madig003Jul. 8, 0810:31 PM

Hoo-ray Monaco. I agree 100%. When Paw-lenty say's "no new taxes" who is he talking to? Not us in Mpls because he is most certainly hitting us up for new taxes.

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jafo9xJul. 8, 0810:41 PM

How did you pack that much irrationality in one post? I have a feeling it was just camoflage for bragging about your $7K assessment.

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pizann0Jul. 8, 0810:46 PM

I am still trying to decipher "amnrealtor's" logic. Firstly, what kind of licensed REALTOR speaks in that manner? I'd have your certification pulled right now." I don't think it would be a good idea to make a threat against someone in the way they voice their opinion. Consider yourself lucky that you can remain anonymous, andersgyllen.

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andersgyllenJul. 8, 0810:55 PM

I suppose the Code of Ethics does not apply to freedom of speech even if its nonsensical.

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eaglesJul. 8, 0810:56 PM

But the sad realty is Minneapolis' city budget is out of control. Yes, I'm one of those that's city residents paying the same as you. You can try and blame it on Pawlenty but the real blame goes to the city council and Hennepin County Board. There is no discipline on spending. There's never any cuts. Its always spend more.

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bikemilesJul. 8, 0810:59 PM

The valuation on my http://searshouse.com went down for $195K to $185K. This is an area close to the light rail with stable sales, stable prices and very few foreclosures. I was surprised my valuation went down.

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pizann0Jul. 8, 0811:15 PM

"I suppose the Code of Ethics does not apply to freedom of speech even if its nonsensical." I never knew that a Realtor (if mnrealtor is an actual Realtor) could have hi/her realtor's license yanked by someone who objects to their political affiliation? The only thing that is non logical is your justification in making a threat without merit to a person's ability to perform their job. Mnrealtor may, or may not, be an actual Realtor. But making a threat (not based on his ability to perform as a Realtor) is really, really stupid. I also think you shooting off your mouth too much (by making a threat) will get you in deep trouble someday.

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andersgyllenJul. 8, 0811:45 PM

"lol.....Reagan ended communism, anders!! The Constitution will be upheld until Osmama is sworn in next Jan!" I guess if this is the idiocracy and name-calling I have to do to be "conservative", I'll take liberalism to the grave.

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